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CATEGORY: securities regulators

Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 29, 2023 10:30

Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations

Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis Refute SEC’s Claims of Unregistered Securities, File Motion to [...]

The post Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations appeared first on Crypto Breaking News.

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Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 16, 2023 05:50

Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order

According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William Barhydt, the company’s founder, in March 2023. Texas State Regulators Issue Cease-and-Desist Order, Citing [...]

The post Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order appeared first on Crypto Breaking News.

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